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Majesco standalone net profit declines 18.35% in the June 2016 quarter

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Capital Market

Sales rise 40.30% to Rs 3.76 crore

Net profit of Majesco declined 18.35% to Rs 0.89 crore in the quarter ended June 2016 as against Rs 1.09 crore during the previous quarter ended June 2015. Sales rose 40.30% to Rs 3.76 crore in the quarter ended June 2016 as against Rs 2.68 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales3.762.68 40 OPM %-91.49-60.45 -PBDT1.452.34 -38 PBT1.262.17 -42 NP0.891.09 -18

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First Published: Aug 10 2016 | 5:26 PM IST

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